kothavani Posted April 4, 2020 Author Report Posted April 4, 2020 Chatwal left India for Addis Ababa, Ethiopia to work for the country's commercial airliner. When he arrived he was told he would be required to take off his turban, cut his hair, and remove his beard.[5] He declined due to his Sikh heritage.[3] He then became a teacher in a local public school and became friends with the owner of a restaurant who asked him to fill in for a few months when he became ill.[1] He improved the business and was later asked to become a partner, later buying out the other owner.[5] In the course of time he became the owner of two restaurants serving Indian cuisine.[6] In 1975, he left the country with some of his savings and opened a restaurant in Montreal, Quebec, Canada.[5] Chatwal also entered the hotel business while in Canada, purchasing his first hotel in 1976.[1] In 1979, he opened Bombay Palace, the first fine-dining Indian restaurant in midtown Manhattan.[7] Chatwal expanded Bombay Palace internationally, opening restaurants in London, Hong Kong, and Canada, and eventually becoming a publicly traded company.[8] He continued to acquire hotels, adding properties in Florida in 1980 and New York in 1982. He later combined all his properties into Hampshire Hotels & Resorts. He suffered from the real estate crisis in the 1990s and was forced to file Chapter 11 bankruptcy. It was then he began to bring in investors as partners and focused on lifestyle branding of hotels, opening properties in New York, Los Angeles, and internationally.[8] By 2006, he was the largest independent owner of hotels in the United States, operating 13 hotels with 3,000 rooms valued at $750 million.[9] Chatwal is close to former US President Bill Clinton and his family, and has made substantial financial donations to his election campaigns, as well as to other causes and campaigns of the Democratic Party, with many of whose prominent representatives he is on good terms. He has accompanied the Clintons on several journeys to India, and is a Trustee of the William J. Clinton Foundation.[10] In April 2014, he pled guilty to giving illegal campaign contributions to three federal candidates, including Clinton, between 2007 and 2011.[6] He was fined $500,000 and sentenced to probation and community service.[11] Hampshire Hotels & Resorts rebranded in 2015 to Dream Hotel Group.[12] Chatwal remained as the chairman of the board and a new CEO was appointed to the group[1][13 Quote
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